The orgs behind M-1 Ventures are putting their own spin on the accelerator model. Along with honing in on a specific vertical, the program is designed to help companies who are past the idea phase and building on initial traction, investor Paul Singh, who is co-directing the program with entrepreneur Tony D’Agostino, told us earlier this summer. For instance, BurnAlong has already raised $1 million and is looking to scale.

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Companies who are participating receive $25,000. Using a peer review model established by program supporter Village Capital, two companies will be selected by members of the cohort for additional investment at the end of the four-month program.

Along with programming, participants also get time with one-on-one mentors from Johns Hopkins, Plank Industries and the University of Maryland. Brown Advisory and the Abell Foundation are also supporting the program.